Posts Tagged “compensation”
At Goldman, the Average Pay for Three Months Is $135,594
by Wall Street Job Report on April 18, 2013
Goldman Sachs (GS) is fighting to keep compensation costs under control. But “under control” is a relative concept.
Morgan Stanley Trims Investment Bank’s Compensation Pool 14%
by Wall Street Job Report on April 18, 2013
Morgan Stanley (MS), owner of the world’s biggest brokerage, set aside $1.89 billion to pay employees at its investment-banking and trading division in the first quarter, 14 percent less than a year earlier.
Citi’s New CEO is Stepping Out to Meet the Regulators
by Jack Kelly on January 7, 2013
Former Citigroup CEO Vikram Pandit was unceremoniously shown the door based, in part, for his failure to play well with the regulators.
Wall Street Compensation Projections Are In, And It’s Clear Where You Want To Work In 2012
by Wall Street Job Report on November 6, 2012
It’s been a difficult road for Wall Streeters since the financial crisis, as the industry conformed to new regulations and the end of trusted revenue streams. But it looks like things are finally stabilizing. That means we’re getting a clearer (…)
Lazard Will Cut Costs, Cut Pay
by Beth Connolly on July 27, 2012
In order to cope with troubles from Europe, Lazard plans to cut its costs, including banker pay and bonuses. The bank declined to give specifics and said it would wait until bonus season to disclose the full pay cuts. But (…)
